Professional Practices & Valuation (2170610) MCQ

MCQs of Module 5 : Contract

MCQ No - 1

An agreement once made enforcible by law can be termed as______

(A)

Tender

(B)

Offer

(C)

Acceptance

(D)

Contract


D
MCQ No - 2

In order to make an agreement valid, there must be a definite offer and ________

(A)

Aboslute and Unconditional Acceptance

(B)

Pure and Valid Acceptance

(C)

Absolute and Unconditional Offer

(D)

Conditional and Valid Acceptance


A
MCQ No - 3

Which is the key act that regulates contracts in india?

(A)

Indian Arbitraction Act, 1940

(B)

Indian Penal Code, 1947

(C)

Indian Contract Act, 1872

(D)

Indian Civil Act, 1880


C
MCQ No - 4

In which section of Indian Contract Act term offer and acceptance are defined ?

(A)

Section 4(a)

(B)

Section 2(a)

(C)

Section 3(b)

(D)

Section 18(a)


B
MCQ No - 5

When one person significes to another his willingness to do something or to abstain from doing somethinfg he is said to make ________.

(A)

Offer

(B)

Contract

(C)

Acceptance

(D)

Agreement


A